<h2>Introduction</h2> The revocation of the Eurasian Bank's license is an indicator of how the Central Bank, under Timur Ishmetov's leadership, has tightened its discipline: capital, compliance, and transparency. Let's analyze why the bank is being liquidated, what this means for depositors and borrowers, and what lessons should debtors in Tashkent learn: how to pay, to whom, and what to expect next. <h2>"Stage → documents → deadline" table</h2> Stage&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; MB Decision&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Liquidation&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Depositors&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; Borrowers&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;&nbsp; What to prepare&nbsp;Passport, contract, detailsCommission application/requestPassport, deposit agreementSchedule, payment confirmations&nbsp; Key document Central Bank Board Resolution Liquidation decree Payment from Fund Commission notification &nbsp;Timeline* Announcement Day 1-2 weeks to notify Up to 20 r.d. in 2025 Individually Note Publication of the Central Bank with No decision. (Central Bank of the Republic of Uzbekistan) The commission is collecting the receivables. (Bank.uz) The limit is 200 million soums. "Gazeta.uz" Pay according to the liquidator's instructions. *Dates are averaged by norms/practice; clarify in the Central Bank and commission notifications. <h2>Main part</h2> 1) Why is the bank being liquidated and how is the discipline being strengthened? ● Reason for license revocation. By the decision of the Board of the Central Bank (No. 22/1 dated 27.08.2025), the Eurasian Bank's license was revoked for non-compliance with the minimum authorized capital and other violations. Then - compulsory liquidation and appointment of a commission. ● Capital threshold. From January 1, 2025, the minimum charter capital requirement for banks is 500 billion soums (previously 350). Non-compliance leads to restriction and/or revocation of the license. ● Ishmetov context. In September 2025, Timur Ishmetov publicly confirmed a strict compliance approach (sanctioned risks under control, increased procedures). This is a continuation of the line of discipline and market transparency. To familiarize yourself with our collection expertise, visit the <a href="https://spectrumcollection.uz/en/our-services">services</a> section. 2) What does this mean for debtors (details) ● Borrowers continue to pay. Bank liquidation does not eliminate debt: the liquidator identifies and collects accounts receivable, can transfer the portfolio to another bank/agency. Stop payments - you'll get overdue payments, penalties, and worse history. ● Where to pay. Please wait for an official notification with new details/liquidator account. Before receiving it, save the schedule and prepare payment confirmations (receipts/extracts). ● Contributors. The Guarantee Fund will compensate up to 200 million soums per bank; payment terms will be gradually reduced (in 2025 - up to 20 working days). ● If the portfolio is sold. The new creditor must notify of the replacement; the terms of the agreement are retained (interest/fines - for the original agreement, unless otherwise provided by law/agreement). Stay tuned for updates in the <a href="https://spectrumcollection.uz/en/all-news">news</a> section. 3) Mini-study: what does the case of Eurasian Bank show? Our publications monitoring (28.08-12.09.2025) shows: ● The Central Bank's decision (No. 22/1) and capital comments have set a precedent for other banks - communication about bringing capital to the 500 billion soum mark has increased. ● The media and the Central Bank directly pointed to the non-compliance with capital as a key factor, which signals to debtors: the regulator consistently brings matters to liquidation, and the liquidators - to the collection of accounts receivable. ● According to the Central Bank/UZDaily, as of August 1, 2025, the Uzbek legal entity Eurasian Bank had ~104 billion soums in capital and lacked loan/deposit portfolios - which minimizes systemic effects but emphasizes the rules of the game. About us and enforcement cases - <a href="https://spectrumcollection.uz/en/about">company</a> page. 4) Risks and how to reduce them (for debtors) ● Procedural risks. Foregoing payments = late payments and fines; any disputes - in writing to the commission/CB address. ● Communication. Check the Central Bank's official website and liquidator's mailings; do not trust unofficial details. ● Legal framework. Follow the law on liquidation and the regulation on the procedure for liquidating banks: the liquidator is obliged to collect receivables and settle accounts payable with creditors. <h2>Conclusion</h2> The case of the Eurasian Bank shows: under Timur Ishmetov, the regulator operates sequentially - capital, compliance, discipline. For the debtor, this means a simple rule: debt lives longer than the bank. Pay according to official details, record each payment, keep documents - and you will pass the liquidation without unnecessary risks.

Timur Ishmetov on the Central Bank's harsh stance: revocation of the Eurasian Bank's license and lessons for debtors